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- billbss replied Nov 7, 2007
You find the HI/LO from 2200 until 0600 GMT. For hourly bars, that would take in the 2200 through the 0500 bar. The rules are exactly the same as this system. PT=40 SL=20 It has made +40 pips the last two nights, but they were squeakers. Both days, ...
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 7, 2007
Nicotina said he manually poured over charts and found this time window to be conducive to breakout trading. Autotrade-FX did a backtest with Tradestation (I believe) and found a different set of times that tested better. You can look back and find ...
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 7, 2007
"Sell stop" was the order that got him into the short. He didn't mean he got stopped out of the short.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 7, 2007
Nicotina's GBP/USD system made it's +40 pips.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 7, 2007
I was asleep when you posted this- sorry. Everyone answered you correctly. You take in the Hi/Lo of the hourly bars 1800 through 0100. That gives you the time window of 1800 until 0200.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 7, 2007
It changed when Britain went off of their DST (I think they call it Summer Time) which was a week before we did. The window is 1800 until 0200 London time. During the Summer, that is 1700 - 0100 GMT. Now it is 1800 - 0200 GMT.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 7, 2007
Hi, Kramer, Interesting method. Do the stochastics need to fall below 80 or above 20 to take a trade? On your charts you show K-D crosses, but not necessarily a drop below/above 80 or 20. Thanks
Bollinger Band Confluence Trading
- billbss replied Nov 7, 2007
It looks much closer to yours. I'll have to watch it for awhile to see if it helps on entries.
Umair's Euro/usd System
- billbss replied Nov 6, 2007
Oh yeah. They can both get stopped out. There are a few days that Nicotina reports -100 pips. The +100 and +50 days have more than made up for it.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 6, 2007
RSI and ATR are based upon different scales. RSI ranges between 0 and 100- large numbers. ATR is numbers like .0023 or 1.07. If you put them in the same window and report them accurately, the ATR would look like a straight horizontal line, near 0, ...
Umair's Euro/usd System
- billbss replied Nov 6, 2007
You replace the order you got stopped out on. I just got stopped put on the buy stop order of 239.54. I put in another buy stop order for 239.54. It won't trigger unless price goes back to that level. FXDD is set to GMT+2 Therefore Nicotina's time ...
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 6, 2007
I don't se your screen shot of that trade. Here is mine. The RSI/ATR is the bottom pane. They still haven't crossed 4 hours later.
Umair's Euro/usd System
- billbss replied Nov 6, 2007
You didn't have the RSI-ATR cross on the GBP/JPY short either, which you took.
Umair's Euro/usd System
- billbss replied Nov 6, 2007
Bam Bam, It's your system, but I would suggest using the whole 4HR ATR as the stop for G/J. If it's a good stop for the rest of the pairs, it would be a good stop for this pair. If it looks too high, just use half the position size. If halving the ...
Hourly Trend Rider...
- billbss replied Nov 6, 2007
For what it's worth, Nicotina's GBP/USD system made it's +40 pips. It took all night, but it got there.
High & Low 8 Hours (GBP/JPY)